Bericht

IW Monetary Outlook: ECB Might Overshoot the Inflation Target

The European Central Bank (ECB) has prolonged its large-scale asset purchase programs for public and private bonds in December 2016 until the end of 2017. Otherwise the programs would have expired in March 2017. Due to its strong focus on the inflation target of below, but close to 2 percent, the extension of the asset purchasing programs was expected in case of weak inflation dynamics. Inflation, however, recovered at the end of last year due to normalizing oil prices.

Language
Englisch

Bibliographic citation
Series: IW-Kurzbericht ; No. 12.2017

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Demary, Markus
Hüther, Michael
Event
Veröffentlichung
(who)
Institut der deutschen Wirtschaft (IW)
(where)
Köln
(when)
2017

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Bericht

Associated

  • Demary, Markus
  • Hüther, Michael
  • Institut der deutschen Wirtschaft (IW)

Time of origin

  • 2017

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